The Pakistani rupee continued to strengthen against the US dollar, closing at 279.90 in the interbank market as improved dollar supply supported the local currency. Moreover, the greenback briefly slipped to 279.66 during trading before rising slightly because of fresh import demand later in the session. This steady performance shows that market balance is improving […]
forex market
Dollar weakens ahead of U.S. Thanksgiving as global currencies gain
SINGAPORE – The U.S. dollar weakened on Thursday as global currency markets saw light trading ahead of the Thanksgiving holiday, with investors shifting focus to 2026 when a series of U.S. interest rate cuts are expected. The euro climbed above $1.16, while the yen strengthened 0.4% to 155.87 per dollar. Read More: SBP releases latest […]